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SAF-T Tax Reporting Mandatory In Norway From 2020

by Ulrika Lomas, Tax-News.com, Brussels

Saturday, February 17, 2018

The reporting of accounting information using the internationally accepted Standard Audit File for Tax (SAF-T) will become compulsory in Norway from January 2020. Read Full Story

 


Global Energy Tax Regimes Falling Severely Short: OECD

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 14, 2018

The OECD has released a new report analyzing energy use and tax regimes in 42 countries, which make up 80 percent of global energy use. The report calls on governments to adopt more effective use of taxes to cut harmful emissions from energy use. Read Full Story

 


Australia Adds To Diverted Profits Tax Guidance

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, February 13, 2018

The Australian Tax Office on February 7 released draft Practical Compliance Guideline 2018/D2 on the operation of Australia's Diverted Profits Tax for consultation. Read Full Story

 


EU Commission Green Lights Italy's Electronic Invoicing Plans

by Ulrika Lomas, Tax-News.com, Brussels

Monday, February 5, 2018

The European Commission has recommended that the EU Council approve a request from Italy to derogate from the VAT Directive in introducing a mandatory electronic invoicing obligation on all taxable persons established in Italy except exempt small firms. Read Full Story

 


EU Asks For Small Firms' Input On VAT Reform Plans

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, January 31, 2018

The European Commission has asked for taxpayers' feedback in respect of its proposals to simplify value-added tax compliance for small enterprises, alongside the publication of its proposal for a Council Directive to amend the EU VAT Directive as regards the special scheme for small businesses. Read Full Story

 


EU To Ease VAT Rules On Rates, SMEs

by Ulrika Lomas, Tax-News.com, Brussels

Friday, January 19, 2018

The EU has unveiled plans to give member states greater power to vary VAT rates and to relax VAT rules for small businesses. Read Full Story

 


Fraud At Record Levels, New BDO Report Says

by Jason Gorringe, Tax-News.com, London

Tuesday, January 16, 2018

BDO, the accountancy and business advisory firm, has released a report into the rapidly growing issue businesses and governments face with fraud, including tax fraud. Read Full Story

 


Answers Asked Of UK Tax Agency On Brexit VAT Changes

by Jason Gorringe, Tax-News.com, London

Thursday, January 11, 2018

Nicky Morgan, the Chair of the UK's Treasury Committee, has written to Jon Thompson, the Chief Executive of the UK tax agency, to seek answers about how necessary value-added tax policy changes will impact businesses and about support measures. Read Full Story

 


UK Lawmakers Discuss Potential Post-Brexit Free Zones

by Jason Gorringe, Tax-News.com, London

Wednesday, January 10, 2018

During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area. Read Full Story

 


US Farmers Welcome New Tax Reforms

by Mike Godfrey, Tax-News.com, Washington

Tuesday, January 9, 2018

The American Farm Bureau Federation has acknowledged that the latest tax reform bill has provided a number of benefits to US farmers, in comments alongside those of President Donald Trump on the impact of the Tax Cuts and Jobs Act. Read Full Story

 

 

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